Latest news with #GKishanReddy
Time of India
10 hours ago
- Business
- Time of India
Centre plans speeding up MMDR amendments to boost critical mineral availability
India is expediting steps to boost domestic availability of critical minerals. Changes to the Mines and Minerals (Development and Regulation) Act are being fast-tracked. The move comes close on the heels of China putting curbs on supplies of permanent magnets derived out of rare earth elements (REEs). Besides regulatory tweaks, the centre is also expecting commercially viable domestic production of rare earth permanent magnets in small quantities later this year. Addressing a gathering of industry professionals and academicians during the critical minerals processing seminar, Union Mines Minister G Kishan Reddy said, 'The demand for critical minerals will increase four to six times by 2040. Global supply chains are concentrated in a few countries.' Referring to the ongoing concerns regarding supplies of Rare Earth magnets from China, Reddy said, 'Geopolitical tensions, trade restrictions, and increasing trend of resource nationalism can cause supply chain disruptions. India is currently almost 100% import dependent for critical minerals. We see this as a major challenge.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now The Minister said India recognises the pivotal role of these minerals in driving economic growth. Commenting on the way ahead, Mines Secretary, V L Kantha Rao said tweaks are underway to support domestic critical mineral ecosystems. 'We are planning to amend the (MMDR) act to support the critical mineral mission,' he said. Live Events Rao also said Indian research institutions have found solutions for producing rare earth magnets. 'This has enabled one of the companies in India to produce rare earth magnets in the next three-four months,' he said. The secretary was referring to government sanctioned funding for Midwest Advanced Materials Private Limited (MAM), Hyderabad. The Nonferrous Materials Technology Development Centre (NFTDC), a research and development (R&D) institution under the Mines Ministry , has also transferred advanced technology to MAM. These supports have paved the way for commercial production of Neodymium (NdFeB) materials and Rare Earth Permanent Magnets. Neodymium permanent magnets are vital for propulsion systems in electric vehicles and generators in renewable energy infrastructure.
Time of India
12 hours ago
- Business
- Time of India
Telangana govt proposes to expand metro rail in Hyderabad, Infra News, ET Infra
Advt The Telangana government has decided to expand Metro Rail network here by over 86 reporters on Thursday night after the state cabinet meeting, Information and Public Relations Minister Ponguleti Srinivas Reddy said it was decided to propose to the Centre to take up the metro rail expansion at a cost of ₹19,579 crore in partnership with the urged Union Ministers from Telangana G Kishan Reddy and Bandi Sanjay Kumar and BJP Lok Sabha member from Malkajgiri Eatala Rajender to persuade the Centre to agree to the cabinet also decided to name the proposed earth sciences university in Bhadradri-Kothagudem after late prime minister Manmohan was instrumental in the formation of Telangana during the previous UPA regime, the minister cabinet decided to provide financial assistance of ₹10 lakh to the kin in the event of accidental death of a woman Self-Help Group (SHG) member, he Chief Minister Mallu Bhatti Vikramarka, who was also present at the press conference, said the cabinet decided to release a Dearness Allowance (DA) to the state government employees immediately and give another DA after six who heads a cabinet sub-committee on issues of employees, said a trust would be formed on the issue of health cards of employee would contribute ₹500 per month and the government would contribute an equal amount in a amount would be assigned to the proposed trust which would be headed by the Chief Secretary. It will have the representatives of employees, he said.
The Print
a day ago
- Politics
- The Print
T'gana govt proposes to expand metro rail in Hyderabad
He urged Union Ministers from Telangana G Kishan Reddy and Bandi Sanjay Kumar and also BJP Lok Sabha member from Malkajgiri Eatala Rajender to persuade the Centre to agree to the proposal. Briefing reporters Thursday night after a meeting of the state cabinet, Information and Public Relations Minister Ponguleti Srinivas Reddy said it was decided to propose to the Centre to take up the metro rail expansion at the cost of Rs 19,579 crores in a partnership between the state and the Centre. Hyderabad, Jun 5 (PTI) The Telangana government on Thursday decided to expand Metro Rail network here by over 86 kms. Among other decisions, the cabinet decided to name the proposed earth sciences university in Bhadradri-Kothagudem after late prime minister Manmohan Singh. Singh was instrumental in the formation of Telangana during the previous UPA regime, the minister recalled. The cabinet decided to provide financial assistance of Rs 10 lakh to the kin in the event of accidental death of a woman Self-Help Group (SHG) member, he said. Deputy Chief Minister Mallu Bhatti Vikramarka, who was also present at the press conference, said the cabinet decided to release a Dearness Allowance (DA) amount to the state government employees immediately and implement another DA after six months. Vikramarka, who heads a cabinet sub-committee on issues of employees, said a trust would be formed on the issue of health cards of employees. Every employee would contribute Rs 500 per month and the government would contribute an equal amount in a year. The amount would be assigned to the proposed trust which would be headed by the Chief Secretary. It will have the representatives of employees, he said. PTI SJR HIG HIG This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
India Today
a day ago
- Business
- India Today
Telangana proposes to expand metro rail in Hyderabad by 86 kms
The Telangana government on Thursday decided to expand the metro rail network in Hyderabad by over 86 reporters on Thursday night after a meeting of the state cabinet, Information and Public Relations Minister Ponguleti Srinivas Reddy said it was decided to propose to the Centre to take up the metro rail expansion at the cost of Rs 19,579 crore in a partnership between the state and the urged Union Ministers from Telangana G Kishan Reddy and Bandi Sanjay Kumar and also BJP Lok Sabha member from Malkajgiri Eatala Rajender to persuade the Centre to agree to the proposal. Among other decisions, the cabinet decided to name the proposed earth sciences university in Bhadradri-Kothagudem after late Prime Minister Manmohan was instrumental in the formation of Telangana during the previous UPA regime, the minister cabinet decided to provide financial assistance of Rs 10 lakh to the kin in the event of accidental death of a woman Self-Help Group (SHG) member, he Chief Minister Mallu Bhatti Vikramarka, who was also present at the press conference, said the cabinet decided to release a Dearness Allowance (DA) amount to the state government employees immediately and implement another DA after six who heads a cabinet sub-committee on issues of employees, said a trust would be formed on the issue of health cards of employee would contribute Rs 500 per month and the government would contribute an equal amount in a amount would be assigned to the proposed trust which would be headed by the Chief Secretary. It will have the representatives of employees, he Watch IN THIS STORY#Telangana#Hyderabad
Hans India
3 days ago
- General
- Hans India
Union Minister takes part in Brahmotsavam of Lord Balaji
Hyderabad: Union Minister G Kishan Reddy expressed that he prayed to the Lord of the Seven Hills for blessings for the well-being of all people in both Telugu states. He wished for the prosperity of Telangana, abundant harvests, good health, and freedom from natural disasters. On Tuesday, the minister participated in the 20th annual Brahmotsavams at the Sri Venkateswara Swamy Temple in Himayatnagar. He noted that Brahmotsavams are organised for the welfare of the world. The priests from the TTD conducted special pujas and offered blessings to the minister, assisted by Vedic scholars. Kishan Reddy stated, 'We organize the Sri Venkateswara Brahmotsavam every year. For devotees who cannot visit Tirumala, this event provides an opportunity to seek the blessings of Lord Venkateswara Swamy right here in the city.' He expressed hope that many would come to visit the Lord during this auspicious time. He extended his best wishes to all devotees.
